How Bitcoin Offers Certain Freedoms to Latin Americans
Earlier, we reported that bitcoin was bringing fairly dangerous conditions to miners in Venezuela. Sure, bitcoin mining is a great way to make money in a financially unstable country, but if the government is pushing for limitations on bitcoin use, that can definitely be a problem. Bitcoin mining isn’t necessarily illegal in Venezuela, but trust surrounding its nature is virtually non-existent. The nation’s native currency (the bolivar) has reached a dead end in recent months thanks to hyperinflation and a struggling economy. ATMs now have withdrawal limits of approximately 10,000 to....
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Santo Blockchain’s plans in Latin America consist of 300 Bitcoin ATMs, a layer-2 wallet and a Bitcoin debit card. Panama is doing its best to keep up with El Salvador’s Bitcoinization with the installation of 50 Bitcoin (BTC) ATMs in 2022. Thanks to Santo Blockchain, 50 of the planned 300 ATMs will begin shipping to Latin America in early 2022.A vertically integrated blockchain and cryptocurrency company with offices in Saigon, Vietnam and Panama City, Santo Blockchain will invest a total of $1 million into Latin America in general next year as part of its 300 Bitcoin ATM plan. Santo....
Bitcoin offers libertarians the perfect vehicle for starving the state of its outsized control over personal freedoms.
NewsBTC has become one of the leading sites in the world of bitcoin, and has shown impressive growth since it was founded in 2013. Now, NewsBTC has teamed up with Emdyp, entering into a franchise agreement. The agency will herein become NewsBTC Latin America. Emdyp is a Chilean startup focused on the use of bitcoin technology and its different applications. The company offers innovative solutions and services to national and international clients, and it´s currently lunching several projects that will help on the difussion of cryptocurrencies and of Bitcoin technology. Latin America is a....
Cryptocurrencies are rapidly growing in popularity throughout Latin America. So, Bitcoin.com decided to get an insider’s view on Bitcoin adoption in the region by speaking with Cindy Zimmerman, CEO of TigoCTM (Crypto Teller Machine), based in Panama. Zimmerman is a Bitcoin ATM owner and operator as well as a computer scientist. She tells us how she got....
Crypto education could be key to promoting financial empowerment and increasing mass adoption across Latin America — if we do it right. In October 2021, it was estimated that approximately 15% of the world’s supply of Bitcoin (BTC) was in circulation in Latin America. According to a recent report released by Crypto Literacy, however, 99% of Brazilian and Mexican respondents failed a basic assessment on crypto literacy. Crypto adoption is well underway across the region — on the rise even — but, people still lack a basic understanding of its underlying technology and use cases. When this....